The Latest Breaking News from Interest Rates

Former Obama economic adviser Betsey Stevenson waded into the debate over President Donald Trump's proposed 50-year mortgage on Monday, warning that while such loans might help some buyers, they would almost certainly mean steeper borrowing costs and painfully slow equity gains.

Analysis: Your bank is banking on you not changing banks – so it's offering better interest rates to new customers than existing ones. Jonathan Milne reports.

With the real estate market collapsing, experts say only those who evolve — in mindset, brand, and business — will survive the next housing correction.

Homeowners typically only consider refinancing when interest rates decrease, but there are additional indicators that suggest they should consider it. Failing to consider these clues can result in thousands of dollars in extra costs over the life of a loan. The process of refinancing enables homeowners to achieve lower monthly…